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American Express Beats on Earnings (AXP)

October 21, 2008

American Express, AXP posted third quarter earnings of $0.74 per share, which is $0.15 better than consensus estimate of $0.59 per share. The company’s revenue totaled $7.16 billion vs. analysts’s estimates of $7.31 billion in revenue. Consolidated provisions for losses totaled $1.4 billion, up 51% from a year ago. The…

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October 21, 2008

Two Days is What it Takes

May 22, 2008

Only two days is what it took to erase nearly a month’s gain. We are almost at the same place where we were on April 17th. The picture is not rosy and every main stream media has just turned bearish. What has changed in just two days? A lot but…

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May 22, 2008
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